Great Location Gas Station, South Shore Suffolk County - Long Lease
Business Description
High-Volume Gas Station & Convenience Store — Long-Term Lease
Asking Price: $850K
Established Gas Station & Convenience Store | Strong Margins | 24 Years Remaining on Lease
Excellent opportunity to acquire an established gas station and convenience store in a busy Long Island market. The business offers a strong combination of fuel volume, high-margin inside sales, and an exceptionally long-term lease, providing an incoming owner with stability and significant runway to build upon the existing operation.
The store currently generates approximately $40,000 per month in inside sales, with an impressive 60% gross profit margin. The gas operation pumps approximately 40,000 gallons per month, with an average fuel profit of approximately $0.60 per gallon.
Key Business Highlights
Approximately $40,000/month in inside sales
Approximately 35% gross margin on inside sales
Approximately $480,000 annual inside-store sales
Approximately $168,000 annual inside-store gross profit
Approximately 40,000 gallons of fuel sold per month
Approximately 480,000 gallons annual fuel volume
Approximately $0.60 average profit per gallon
Approximately $288,000 annual fuel gross profit
Approximately $456,000 combined annual fuel and inside-store gross profit
Monthly rent of approximately $13,700
Payroll of approximately $8,000/month
Approximately 24 years remaining on the lease
Established operation with recurring customer traffic
Strong opportunity for an owner-operator or experienced industry buyer
Long-Term Lease Advantage
One of the most attractive aspects of this opportunity is the approximately 24 years remaining on the lease. The long lease term provides an incoming buyer with substantial operational security and the ability to build long-term value without the near-term lease-renewal concerns commonly associated with gas station acquisitions.
Growth Opportunity
The business offers several opportunities for a new owner to increase profitability, including improving product mix, expanding high-margin convenience offerings, optimizing retail pricing, controlling operating expenses, and increasing fuel and inside-store traffic.
The combination of strong inside-store margins, consistent fuel volume, and a long-term lease makes this an attractive acquisition for an owner-operator looking for an established business with significant remaining lease life.
Financial Information
Detailed financial records, fuel volume documentation, lease information, operating expenses, and other supporting documentation will be provided to qualified buyers upon request and execution of a confidentiality agreement.
Prospective purchasers should independently verify all financial and operational information during due diligence.
Serious inquiries only. Proof of funds and/or appropriate financial qualifications may be requested prior to release of detailed financial information.
Inventory and other transaction-related items are subject to negotiation.
Asking Price: $850K
Established Gas Station & Convenience Store | Strong Margins | 24 Years Remaining on Lease
Excellent opportunity to acquire an established gas station and convenience store in a busy Long Island market. The business offers a strong combination of fuel volume, high-margin inside sales, and an exceptionally long-term lease, providing an incoming owner with stability and significant runway to build upon the existing operation.
The store currently generates approximately $40,000 per month in inside sales, with an impressive 60% gross profit margin. The gas operation pumps approximately 40,000 gallons per month, with an average fuel profit of approximately $0.60 per gallon.
Key Business Highlights
Approximately $40,000/month in inside sales
Approximately 35% gross margin on inside sales
Approximately $480,000 annual inside-store sales
Approximately $168,000 annual inside-store gross profit
Approximately 40,000 gallons of fuel sold per month
Approximately 480,000 gallons annual fuel volume
Approximately $0.60 average profit per gallon
Approximately $288,000 annual fuel gross profit
Approximately $456,000 combined annual fuel and inside-store gross profit
Monthly rent of approximately $13,700
Payroll of approximately $8,000/month
Approximately 24 years remaining on the lease
Established operation with recurring customer traffic
Strong opportunity for an owner-operator or experienced industry buyer
Long-Term Lease Advantage
One of the most attractive aspects of this opportunity is the approximately 24 years remaining on the lease. The long lease term provides an incoming buyer with substantial operational security and the ability to build long-term value without the near-term lease-renewal concerns commonly associated with gas station acquisitions.
Growth Opportunity
The business offers several opportunities for a new owner to increase profitability, including improving product mix, expanding high-margin convenience offerings, optimizing retail pricing, controlling operating expenses, and increasing fuel and inside-store traffic.
The combination of strong inside-store margins, consistent fuel volume, and a long-term lease makes this an attractive acquisition for an owner-operator looking for an established business with significant remaining lease life.
Financial Information
Detailed financial records, fuel volume documentation, lease information, operating expenses, and other supporting documentation will be provided to qualified buyers upon request and execution of a confidentiality agreement.
Prospective purchasers should independently verify all financial and operational information during due diligence.
Serious inquiries only. Proof of funds and/or appropriate financial qualifications may be requested prior to release of detailed financial information.
Inventory and other transaction-related items are subject to negotiation.
Listing Info
- ID
- 2554265
- Listing Views
- 11
Listing ID: 2554265 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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